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AGP Executive Report

Last update: 7 hours ago

RBA and Rates: Deputy governor Andrew Hauser says confidence in the Reserve Bank’s inflation fight is weakening, warning that lost trust could make price pressures more costly to tame. The cash rate stands at 4.85% after five hikes this year, with three board members opposing the latest increase. Banking: NAB reported sharply lower earnings and higher impairment charges, sending its shares down 5.4% even as the ASX 200 rallied 2.6%. The lender is also consulting on a 2,500-job restructure by mid-2027. Credit and Markets: Falling home prices and a sharp retreat in investor mortgage lending add to concerns about housing-linked credit, while global market optimism lifted miners and tech shares but left bank stocks under pressure.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.

AGP Wire

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9 hours ago

Australia mortgage stress hits 18-year high as rates climb to 4.85%

AGP

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Nov. 4, 2026

IDEALX launches digital platform for SMSFs in Australia

AGP

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Nov. 4, 2026

Allan Gray Australia names Tim Hillier co-portfolio manager of Stable Fund

AGP

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Nov. 2, 2026

NFEC expands Canadian chapter to boost financial education

AGP


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Press Release Service
Investing in learning hubs ‘could fix language crisis’

Investing in learning hubs ‘could fix language crisis’

Australians are yet to see the benefits of AI and datacentres – and US midterms show they could be political kryptonite

Australians are yet to see the benefits of AI and datacentres – and US midterms show they could be political kryptonite

Australian classrooms are getting a ‘digital detox’ – what does this mean for schools and students?

Australian classrooms are getting a ‘digital detox’ – what does this mean for schools and students?


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2 hours ago

International companies to host live webcasts at Deutsche Bank’s Depositary Receipts Virtual Investor Conference on November 12, 2026

GlobeNewswire, Inc.

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4 hours ago

Himax Technologies, Inc. Reports Third Quarter 2026 Financial Results; Provides Fourth Quarter 2026 Guidance

GlobeNewswire, Inc.

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3 hours ago

SAB BIO Reports Q3 2026 Financial Results and Provides Business Highlights

GlobeNewswire, Inc.

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4 hours ago

Lexicon Pharmaceuticals Reports Third Quarter 2026 Financial Results and Provides Clinical Updates

GlobeNewswire, Inc.

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4 hours ago

Climb Bio Reports Third Quarter 2026 Financial Results and Provides Business Updates

GlobeNewswire, Inc.

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9 hours ago

DDP Property Founder Zaki Ameer: Australian Mortgage Stress at 18-Year High as Cash Rate Reaches 4.85 Percent

EIN Presswire

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